Chinese Bitcoin Exchange Bter Hacked: HitBTC Also Offline
Popular Chinese Bitcoin exchange Bter went offline after being struck by a 7,170 BTC theft. The incident first came to the spotlight when some of the Bter users noticed a number of elite transactions moving from Bter's cold wallet to a random Bitcoin wallet address. After their successful completion, the aforesaid amount was further transacted to another wallet, a screenshot of which can be seen below. A few hours after the suspicious Bitcoin fund transfers, Bter issued a notice describing the actuality of this event. "7,170 BTC got stolen from our cold wallet in the transaction," the....
Related News
The China-based digital currency exchange platform Bter is back online after more than 24 hours offline. It cites DNS error issue. What happened? According to Is It Down Right Now?, Bter has been down for a day and 16 hours as at May 19, 2016 at 2:45 pm (GMT+1). The website posted that Bter has not been responding to its pings in a post which says: "Bter.com is DOWN for everyone’ citing 17 May 2016 at 20:22 Pacific Time (UTC/GMT 0) as its last response time with a Ping Time of 7.14 ms." An email query to their admin section on May 19 was confirmed but has yet to be replied.....
Welcome to the latest edition of the NewsBTC Weekly Bitcoin Recap, where we highlight our top stories of the week. Let's take a look at the biggest headlines for the week of February 15-21, 2015. 1. Chinese Bitcoin Exchange Bter Hacked - as reported on February 15th. Popular Chinese Bitcoin exchange Bter went offline after being struck by a 7,170 BTC theft. The incident first came to the spotlight when some of the Bter users noticed a number of elite transactions moving from Bter's cold wallet to a random Bitcoin wallet address. 2. Third US Marshals Service Bitcoin Auction to Take Place in....
7,170 bitcoins ($1,756,125 at press time) were stolen from the China-based crypto-currency exchange, BTER, when the company’s cold wallet was hacked earlier today. The exchange has since frozen their entire website, while their technical team work to find out what happened. Besides bitcoin, the exchange also facilitated the trade of a basket of altcoins but has not revealed whether their altcoin wallets were affected by the hack. In a post on the Chinese microblogging website, Weibo, the exchange said they will allow the withdrawal of fiat and altcoins soon but did not give a specific time.
Hacked' altcoin exchange, Bter, has outlined a plan to payback users after inking a deal with security firm Jua.com. The Chinese platform reported that hackers had absconded with 7,170 BTC (roughly $2.1m at press time) on 14th February after accessing its cold wallet storage system. If verified, the figure would make the attack the second largest this year. In a post on its reopened website yesterday, Bter said users will be repaid in batches using future profits and a 1,000 BTC interest-free loan from Jua.com. An update to its Twitter page earlier today reads: Most markets are re-enabled....
Defunct cryptocurrency exchange BTER claims it doesn't have enough funds to reimburse all its users, following an alleged seven-figure hack. The Chinese exchange closed earlier this week, issuing a statement via its website that 7,170 BTC had disappeared from its offline wallet - around $1.75m at press time. Speaking to CoinDesk, a BTER spokesperson claimed CNY and USD withdrawals would resume within a week. However, the company said it is still exploring different options to make all its customers whole, including selling the platform. "Hopefully a qualified party (especially a trusted....